- Mutual Funds
- Mirae Asset Mutual Fund
- Mirae Asset Midcap Fund (RIDCW-A)
Formerly Mirae Asset Midcap Reg DR
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 23.875
NAV (Apr 23)
Fund Returns
Last 1Y | 48.3% |
Last 3Y | 24% |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 26.5% |
6 Month CAGR | 21.2% |
Scheme Information
The investment objective of the scheme is to provide long-term capital appreciation from a portfolio investing predominantly in Indian equity and equity related securities of midcap companies. From time to time,the fund manager may also participate in other Indian equities and equity related securities for optimal portfolio construction. There is no assurance that the investment objective of the Scheme will be realized.
Expense Ratio | 1.69 |
Launched (5y ago) | Jul 29, 2019 |
AUM in Crores | 14251.705 |
ISIN | INF769K01FB7 |
Lock-in | No Lock-in |
Benchmark | Nifty Midcap 150 TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 13.9 |
Standard Deviation (5yr) | 0 |
Beta (3yr) | 0.9 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | 1.138 |
Sharpe Ratio (5yr) | 0 |
YTM | 0 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Mirae Asset Midcap Fund (RIDCW-A) | 13,58,360 | 6,25,748 | 24% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Stock Holdings
the federal bank ltd
3.6%prestige estates projects ltd
2.8%delhivery ltd
2.6%tata communications ltd
2.6%hdfc asset management co ltd
2.5%Allocation by Sector
financial services
21.7%consumer cyclical
17%industrials
14.8%healthcare
13.8%basic materials
11.1%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 17,313 cr | ||
₹ 14,075 cr | ||
₹ 21,475 cr | ||
₹ 41,281 cr | ||
₹ 60,559 cr |
About the AMC
Mirae Asset Global Inv (India) Pvt. Ltd
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
19% | 18.9% | ||
18.2% | 18.3% | ||
24.8% | 27% | ||
14.9% | 20.9% | ||
11% | 11.4% |
Mirae Asset Midcap Fund (RIDCW-A) Review
Mirae Asset Midcap Fund (RIDCW-A) is a Mid Cap Equity fund and has delivered an annualised return of 26.5% over a period of 4 years. The fund was previously known as Mirae Asset Midcap Reg DR. The fund is managed by Mirae Asset Investment Managers (India) Private Limited. The fund manager’s name is Ankit Jain.
Nav of Mirae Asset Midcap Fund (RIDCW-A) as of 4/23/2024 is ₹23.88 with the total AUM as of 4/24/2024 is ₹14251.705. With Scripbox you can compare and check the latest nav for all mutual funds in India. Mirae Asset Midcap Fund (RIDCW-A) was launched on Jul 29, 2019. The category risk of the fund is Very High Risk.
The minimum SIP amount for Mirae Asset Midcap Fund (RIDCW-A) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Mirae Asset Midcap Fund (RIDCW-A) is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to Nifty Midcap 150 TR INR.
Mirae Asset Midcap Fund (RIDCW-A) is rated as a 4 fund in Equity and delivered 48.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Mirae Asset Midcap Fund (RIDCW-A).
Frequently Asked Questions
What is Mirae Asset Midcap Fund (RIDCW-A)?
How to invest in Mirae Asset Midcap Fund (RIDCW-A)?
You can invest in Mirae Asset Midcap Fund (RIDCW-A) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Mirae Asset Midcap Fund (RIDCW-A)?
The minimum sip amount for Mirae Asset Midcap Fund (RIDCW-A) is ₹1000. You can invest in multiples of ₹5000.
Is Mirae Asset Midcap Fund (RIDCW-A) good to invest in?
As per Scripbox experts, Mirae Asset Midcap Fund (RIDCW-A) is a Top Ranked fund. You can investMirae Asset Midcap Fund (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Mirae Asset Midcap Fund (RIDCW-A)?
The expense ratio of the Mirae Asset Midcap Fund (RIDCW-A) is 1.69% for regular plan.